Financial services firm Sharma and Associates has been acquired by Tops Software, a provider of community association management (CAM) software.
Sharma and Associates provides an extensive line of services, including full-service bookkeeping and accounting, across South Florida for condominium and homeowner associations.
The acquisition will reportedly facilitate Tops’ ability to offer more robust financial services to its community association customers.
Mike Hardy, CEO at Tops, said: “Tops’ vision is to offer the best experience we can for our community associations and make our clients’ lives easier.
“It’s clear that clients are looking for that single provider for technology and financial services, so this acquisition really expands our capacity to do both.”
Partnered since 2003, Sharma and Associates’ in-house operation already uses Tops’ software system.
As a part of the deal, Vishnu Sharma, CFE at Sharma and Associates, will head the financial services group at Tops, maintaining his current portfolio and adding Tops’ Mission Valley-based accounting group.
Sharma said: “We consider Tops to be the industry leader in community association management software and are excited to join our two companies.
“Our goals [and] objectives are aligned with Tops, and we feel the acquisition will position us as the leader for CAM financial services.”